Growth Metrics

Doximity (DOCS) Net Margin (2020 - 2026)

Doximity (DOCS) reported Net Margin of 13.15% for Q1 2026, down 3202.0% year-over-year from 0.42% in Q1 2025, and down 60.47% on a QoQ basis from 33.27% in Q4 2025.

Doximity (DOCS) has 7 years of Net Margin data on file, last reported at 13.15% in Q1 2026.

  • Quarterly Net Margin fell 3202.0% year-over-year to 13.15% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 30.4% (down 873.0% YoY) and the FY2026 annual result came in at 30.4%, down 873.0% from the prior year.
  • Net Margin fell to 13.15% in Q1 2026 per DOCS's latest filing, from 33.27% in the prior quarter.
  • Across five years, Net Margin topped out at 45.17% in Q1 2025 and bottomed at 13.15% in Q1 2026.
  • The 5-year median for Net Margin is 32.66% (2024), against an average of 32.01%.
  • The widest annual swing landed in 2022, when Net Margin surged 2348 bps; it then slumped 3202 bps in 2026.
  • Tracing DOCS's Net Margin over 5 years: stood at 29.04% in 2022, then increased by 22 bps to 35.45% in 2023, then increased by 26 bps to 44.6% in 2024, then decreased by 25 bps to 33.27% in 2025, then tumbled by 60 bps to 13.15% in 2026.
  • Per Business Quant, the three latest DOCS Net Margin figures stand at 13.15% (Q1 2026), 33.27% (Q4 2025), and 36.82% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Veeva Systems 30.85 Bn 24.28 Bn 622.47 Mn 29.21%
2 BrightSpring Health Services 12.29 Bn 11.41 Bn 482.22 Mn 2.06%
3 Healthequity 7.80 Bn 7.48 Bn 256.31 Mn 19.57%
4 Hinge Health 4.82 Bn 4.51 Bn 154.23 Mn 18.66%
5 Doximity 4.21 Bn 3.46 Bn 125.97 Mn 13.15%
6 Waystar Holding 4.18 Bn 4.03 Bn 268.04 Mn 13.80%
7 10x Genomics 3.78 Bn 3.24 Bn 106.18 Mn -8.93%
8 Privia Health 2.65 Bn 2.28 Bn 595.71 Mn 0.61%
9 Omnicell 1.95 Bn 1.78 Bn 140.36 Mn 3.68%
10 Teladoc Health 1.42 Bn 672.39 Mn 562.57 Mn -10.40%

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 13.15%
Dec 31, 2025 33.27%
Sep 30, 2025 36.82%
Jun 30, 2025 36.54%
Mar 31, 2025 45.17%
Dec 31, 2024 44.60%
Sep 30, 2024 32.27%
Jun 30, 2024 32.66%
Mar 31, 2024 34.41%
Dec 31, 2023 35.45%
Sep 30, 2023 26.94%
Jun 30, 2023 26.19%
Mar 31, 2023 27.64%
Dec 31, 2022 29.04%
Sep 30, 2022 25.74%
Jun 30, 2022 24.69%
Mar 31, 2022 39.58%
Dec 31, 2021 56.85%
Sep 30, 2021 45.48%
Jun 30, 2021 14.78%
Mar 31, 2021 16.10%
Dec 31, 2020 9.20%
Sep 30, 2020 3.73%